Impact Hub Asia Pacific and Bank of America work together to address the pressing plastics issue.

Impact Hub Asia Pacific Focuses on Disrupting the Plastics Ecosystem

 

Swooping in on different cities across the Asia Pacific, applicants were screened and nitpicked as some of them moved forward and hailed as finalists of each city as part of the initial round. They were given mentorship, community visit experiences, and blended learning programs spearheaded by Impact Hubs as they prepared for the final pitch where there will be only one national winner per city.,

It is with clear intention that this program was created to support and look for startups who have impact models that best fit the goal of this program. It became a challenge for both Impact Hubs and Bank of America when they deliberated for the final round but close to the core and vision of this immersive program, national winners were chosen per city and were granted incubation and $7,100.

 

Winners in each city:

 

Manila 

 

 

Fortuna Cools

Fortuna’s Coconut Cooler is the first insulated container that competes with Styrofoam on performance and price–and it’s made of natural, sustainable material. Our secret ingredient is the fiber extracted from coconut husks, a waste product of the coconut meat industry. With minimal processing, we can unlock coconut fiber’s amazing insulating capacity.

 

Jakarta 

 

SainBags

 

SainBags under the company Pt Saesha Bunga Indo is a growing Indonesia company, whose mission is to provide an eco-friendly alternative to plastic bags. They have established a green niche in an otherwise uncaring market, supported by a close-knit team of like-minded passionate people. They are proud to deliver the 100% biodegradable and compostable bags.

 

Taipei

 

 

CircuPlus

(1% reduce plastic bottled water per year) Circuplus is an app that lets people drink water where they can easily find the public drinking point to fill their bottled water.

 

Azure Alliance

Plastic pollution in the world’s oceans is one of the biggest environmental issues of our time, impacting more than 600 marine species. We have created an automated marina rubbish trap, It will help create cleaner oceans with healthier marine life.

 

Shanghai 

 

 

PlasElement

PlasElement empowers plastics recycling by providing data-driven matchmaking between recycled plastics and formulation needs. We are a pair of AI-for-chemistry expert and chemist-entrepreneur, with an existing network of plastics manufacturers and recyclers. We aim to make sure the valuable recycled plastics go to the right stream, enabling more value-driven recycling and eventually established cross-industry standards to empower the circular economy.

 

Another Round: New Program to be launched in more locations

 

Given the success of the program, Impact Hub Asia Pacific and Bank of America is set to come back for another round this 2020 with a bigger program including nine (9) cities in the cluster: Manila, Jakarta, Kyoto, Waikato, Taipei, Shanghai, Yangon, Phnom Penh, and Kuala Lumpur. It is set to be launched by February 2020. Head on to Generation Impact Fellowship Website for more info.

 

This serves as a callout for budding entrepreneurs in the community to prepare their ideas because this upcoming program covers a bigger scope of issues that need to be addressed. It is the best time to break all the barriers of distance and time as we come up with solutions for the world together. Take action and make an impact happen as early as today.

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